Wages and Salaries Up 5% for Private Industry Workers in 2021, Less Than Inflation
— from shrm.org by Stephen Miller
Labor costs increased at the highest rate in two decades

Excerpt (emphasis DSC):

However, when adjusted for inflation, “constant dollar” private wages and salaries fell 1.9 percent for the 12 months ending December 2021. 

Consumer prices rose 7 percent year-over-year in December 2021, the largest 12-month increase in nearly 40 years, the BLS reported on Jan. 12, adding pressure on employers to raise wages going into 2022.

From DSC:
Real wages not keeping up with the rate of inflation here in the United States…this doesn’t look good for the higher education industry here. This could be yet another component of the perfect storm within higher education.

 

These 3 charts show the global growth in online learning — from weforum.org by Johnny Wood; with thanks to Ray Schroeder out on LinkedIn

Example chart:

Also relevant/see:

The company has launched 13 new degrees with colleges since 2021, bringing the total number of bachelor’s, master’s and postgraduate degrees up to 38, according to Maggioncalda.

2U saw $152.4 million from its degree segment in 2021’s fourth quarter, about 11 times the revenue Coursera brought in from its degree business over the same period. 

 

What It Takes to Recruit Future Teachers During the Pandemic — from edsurge.com by Rebecca Koenig

Excerpts:

“Efforts that seem to be working have had a common ingredient: close ties between colleges and local K-12 school districts.”

“Taking out loans to earn a college degree, then entering a profession where they can’t pay those loans off—that’s a challenge,” she explains.

So for the first time, this academic year education students are eligible to receive a stipend during their student-teaching internships. Based on a recommendation made in 2019 by a “teacher shortage task force” commissioned by the Oklahoma department of education, the state allocated some of its COVID-relief money to pay student-teachers a total of $3,250—half up front, and half after they’re hired into a teaching job by a school district.

#highereducation #K12 #education #studentteaching
#learningecosystems #teachingandlearning

 


Addendum on 2/12/22:


 

Rethinking the Faculty Role in Students’ Career Readiness — from insidehighered.com by Rachel Toor; with thanks to Ryan Craig for this solid, well-written resource
It’s time for all of us on campuses, not just the people in career services, to step up and help offer the competencies employers say they’re looking for, Rachel Toor writes.

Excerpts:

Career centers on campuses can offer students coaching, resources and connections. But, as Angle points out, they tend to be a just-in-time service. They are also, he says, “scary places for a lot of students.” Many young people don’t want to face the reality of life after graduation. Often, it’s a case of too little, too late.

Instead, they come to people they know—professors like me—for help with cover letters and résumés. And while I can comment on language, until recently I had no idea about how most résumés are read first by a version of R2-D2 and his little robot friends who make up automated tracking systems. If an applicant doesn’t include the right keywords in a résumé or cover letter, into the trash bin they go.

The truth is, I have not applied for a job in 15 years; for many of my colleagues it’s been even longer, and some of them have never worked outside academe. It’s not surprising that employers are seeing recent college grads—smart students, hard workers—who don’t know how to present themselves as potential employees.


From DSC:
I can relate to that part about R2-D2 reading the resumes first (i.e., trying to get by the Applicant Tracking Systems before one’s resume ever makes it in front of the eyes of a fellow human being). Many faculty/staff members and members of administrations haven’t been out interviewing in a long while. So it can be a rude awakening when they/we need to do that.

Also, I wanted to say that it’s not fair to assess the learners coming out of higher education using a different set of learning objectives:

  • That is, faculty members within higher ed have one set of learning objectives and their students work hard to learn and meet those learning objectives. Unfortunately, those students did what was asked of them, and then they…
  • …come to find out that the corporate/business/legal/etc. worlds have different ideas about what they should know and be able to do. That is, these other organizations and communities of practice are assessing them on different sets of learning objectives that these same students didn’t cover. Some (many?) of these graduates leave their interviews discouraged and think, “Well, it must be me.” Or they can leave frustrated and angry at their former institutions who didn’t prepare them for this new assessment.

As I’ve said on this blog before, this disconnect is not fair to the students/graduates. We need more mechanisms by which faculty and staff members within higher ed can work more collaboratively with those within the corporate world to better align the learning objectives and the curriculum being covered. If this doesn’t occur more frequently, the constant appearance and growth of new alternatives will likely continue to build further momentum (as they should, given the incredibly steep price of obtaining a degree these days!).

P.S. This disconnect of learning objectives can also be found in what happens with legal education — including having to pass today’s Bar Exams — and then these graduates get out into the real world to find employers who are frustrated that these graduates don’t have the “right”/necessary skills.

“The incentive structure is for law schools to teach students how to pass the bar exam, not necessarily to do the things that employers expect,” Gallini said.

A quote from this article, which I also
want to thank Ryan Craig for.


 

Shorter Training, Better Skills: Three Predictions For The Future Of Career And Technical Education — from forbes.com by Jeremy Wheaton; with thanks to Ryan Craig for this resource

But in the face of an entrenched and growing skills gap, young people are increasingly questioning the status quo and looking for shorter, less expensive, more direct-to-career options.

Excerpts:

Here [is the first of] three predictions for how the rest of the 2020s will continue to be defined by career education:

  1. The four-year degree will no longer be seen as the default postsecondary education option.
 

Skillsoft to acquire CodeAcademy, a leading platform for learning high-demand technical skills, creating a worldwide community of more than 85 million learners — from skillsoft.com with thanks to Ray Schroeder for this resource out on LinkedIn

Excerpts (emphasis DSC):

Boston – December 22, 2021 – Skillsoft (NYSE: SKIL), a global leader in corporate digital learning, today announced it has entered into a definitive agreement to acquire Codecademy, a leading online learning platform for technical skills, for approximately $525 million in cash and stock.

With the addition of Codecademy’s innovative capabilities, we will create an even more immersive online learning experience. When we combine Skillsoft’s enterprise customer base of more than 12,000 corporate customers and over 46 million learners with Codecademy’s 40 million learners, sophisticated digital marketing capability and influential brand, we expect to unlock significant revenue synergies.”

Expands Immersive Platform with New Ways of Learning. Skillsoft has already assembled an expansive set of learning options, including virtual instructor-led training, coaching, micro videos, audio, books, bootcamps, live events, assessments and badges. Together with Codecademy’s interactive, self-paced courses and hands-on learning, Skillsoft will be able to deliver even more immersive experiences through its AI-driven platform, Percipio.

 

Fall’s Final Enrollment Count Is In. Colleges Lost More Than 475,000 Students. — from chronicle.com by Audrey Williams June

Excerpt:

New data from the National Student Clearinghouse Research Center provides a somber final tally of total college enrollment in the fall of 2021: It dropped 2.7 percent from a year earlier, a decline of 476,100 students.

Undergraduate enrollment, which was down at every type of institution, slipped by 3.1 percent — or 465,318 students — from the fall of 2020. The total decline among undergraduates since the fall of 2019 — just before the pandemic hit — was more than a million students, the center said.

Addendum on 1/19/22:

 

3 major trends affecting ed tech companies — from highereddive.com by Natalie Schwartz
We reviewed what executives said during their latest earnings calls to better understand patterns in the growing sector.

“It’s going to be a series of short, discrete skill-building offerings knitted together in a curated or customized manner,” Craig said. “It’s going to be done within enterprises in five years’ time, and that’s going to further reduce the influence of colleges and universities.”

 

Resource via @ernperez
at this article/page.

From DSC:

Cloud-based learner profiles are a likely element of our future learning ecosystems

 

14 Predictions for Higher Education in 2022 [Schaffhauser]

14 Predictions for Higher Education in 2022

14 Predictions for Higher Education in 2022 — from campustechnology.com by Dian Schaffhauser

Excerpt:

Ask people working in higher education what they expect will happen in the new year, and the outlook is filled with visions that build on what we’ve been experiencing on college and university campuses for the last two years: a major focus on learning formats; continued exploitation of new technology; and the use of new digital models that move users “beyond Zoom.” Here we present the collective predictions of 14 IT leaders, instructional folks and a student about what they anticipate seeing in 2022. As one put it, “Let’s go, 2022! We have work to do!”

From DSC:
I’d like to thank Dian Schaffhauser, Rhea Kelly, and Mary Grush for letting me contribute some thoughts to the various conversations that Campus Technology Magazine hosts and/or initiates. I inserted some reflections into the above article and I hope that you’ll take a moment to read my and others’ thoughts out there.

 

Long disparaged, education for the skilled trades is slowly coming into fashion — from hechingerreport.org by Jon Marcus
Higher demand, better pay and new respect are drawing students to the trades

Excerpt:

Meanwhile, Americans can see firsthand the labor shortages in fields such as construction, transportation and logistics, along with rising pay for those kinds of jobs and the lower debt and the shorter timetables needed to train for them.

“Especially with the younger generation, time matters. Money matters, but time matters as well,” said Chad Wilson, superintendent at the East Valley Institute of Technology in Arizona, or EVIT.

 

From DSC:
As the article below clearly relays, MOOCs did NOT fail! In the last decade, they have reached 220 million learners worldwide!

I don’t know the total number of graduates from the Ivy League — throughout all of the relevant institutions’ histories — but I would bet you that MOOCs have reached far more learners. And MOOCs did so in less than a decade. 

And you’re going to tell me MOOCs have been a failure?!!!! Are you being serious!?!?!  You can talk about completion rates all that you want to (and that misses the point, as some people sign up for MOOCs without ever intending to finish the entire course). As with other things, people get out of something what they put into that thing.


A Decade of MOOCs: A Review of Stats and Trends for Large-Scale Online Courses in 2021 — from edsurge.com by Dhawal Shah

Excerpts:

Now, a decade later, MOOCs have reached 220 million learners, excluding China where we don’t have as reliable data, . In 2021, providers launched over 3,100 courses and 500 microcredentials.

Originally, MOOC providers relied on universities to create courses. But that dependence is declining as more and more of the courses are created by companies every year. These corporate partners in course creation include tech giants Google, Microsoft, Amazon and Facebook.

…the majority of the new courses launched on Coursera in 2021 are not from universities anymore.

These mass online courses were born without a business model. Yet within a decade, MOOCs went from no revenue to bringing in well over a half a billion dollars annually.

 
 

3 major trends affecting ed tech companies — from highereddive.com by Natalie Schwartz
We reviewed what executives said during their latest earnings calls to better understand patterns in the growing sector.

Excerpts:

Earlier on the call, he said Coursera’s entry-level certificates — which are developed by the likes of Facebook, Google, IBM, Intuit and Salesforce — attracted more than 2 million student enrollments since 2018.

“New entrants to the sector, such as corporations and online education companies, will offer genuine competition to traditional colleges, especially as pricing becomes more of a focus,” analysts wrote in the report. 

Several ed tech companies are seeing returns from efforts to work with companies to train their employees.

Officials at Udemy, a major MOOC platform that went public in October, said during a call with analysts in early December that their work with companies now accounts for 39% of their revenue – up from 23% a year ago.

 
© 2025 | Daniel Christian